Free Republic

HONG KONG – Wall Street major Morgan Stanley is expected to start a fresh round of layoffs globally in the coming weeks, three people with knowledge of the plan said, as dealmaking business takes a hit due to rising inflation and an economic downturn. In Asia Pacific, the bank has drafted up a list of staff members considered redundant, who will mainly come from teams that focus on China-related business, two of the sources said. All declined to be named as the information is confidential. Some of the cuts will come from capital markets teams in Hong Kong and mainland...

Former CIA Director John Brennan said Wednesday on MSNBC’s “Hallie Jackson Reports” that Russian President Vladimir Putin knew former President Donald Trump was an “amateur” who didn’t understand these issues at all. After playing videos of both Biden and Putin and Trump and Putin, Jackson said, “The tone is obviously starkly different. What do you read into the differences here, and how should people understand that?” Brennan said, “First of all, Joe Biden is someone that has been engaged on the foreign policy scene, international affairs for about half a century. So unlike a Donald Trump, who really was a...